Everyone, those recently trading altcoins are confused: why could they just buy with their eyes closed before and see prices rise, but now throwing money in feels like throwing it into the water? Simply put, the rise and fall of coin prices depend on how fierce the buyers and sellers are, but the underlying issues are not as simple as 'too many monks and too little porridge'!

1. Altcoins are not living up to expectations

Today's altcoins rely entirely on 'patchwork' innovation! In the past, TRX focused on payments, and AAVE handled lending, which were at least genuine innovations. Now it's a mix of inscriptions, AI agents, and even cat and dog memes can generate coins to make money. Moreover, project teams are wholly focused on 'mass production', with Pumpfun releasing more coins than the total of the last two bull markets combined; it's like throwing dumplings into Binance, who can handle that? The worst part is the VC coin unlocking wave, akin to a tsunami, with 5 billion USD in selling pressure every month, equivalent to the total market cap of 100 popular projects in 2019. Teams and investors seize the opportunity to run away, and how can the retail investors withstand that?

2. The market environment has changed dramatically

In the past, the crypto world was the 'wild era', with many fools and ample growth, just shouting a slogan would attract money. And now? Institutions have entered, and users are saturated, directly transforming from a 'blue ocean' to a 'red ocean'. After the Trump concept hype, new investors are almost cut off. To attract new people into the game, you either rely on a payment revolution or wait for Bitcoin to become 'digital gold', but where is there room for altcoins?

3. Money has become smarter

The total amount of stablecoins looks quite impressive, at 200 billion USD! But with the explosive growth of projects, there's not much left for each coin. Moreover, current funds have become smarter; they no longer blindly go all-in. After all, with so many projects, the probability of hitting a landmine skyrockets, and who still dares to be the fool?

4. The players' mentality has collapsed

In 2017, everyone rushed in with dreams of getting rich, and by 2020, they hoped DeFi and NFTs would change the world. And now? The old investors have become 'gamblers', constantly talking about 'the big picture is nonsense', while knowing full well: this is just a big casino! Rather than researching projects, it's better to gamble on new coins launching; after all, hoping for a general rise is out of the question. If you can catch a coin that skyrockets, you should be thankful.

So, how to make money next?

If you want to get rich, focus on these three directions: wait for the meme circle to produce a 'golden dog', but don’t rush in blindly; Bitcoin's 200k target will be reached, but it needs the support of hot money from the US stock market; there are actually more opportunities in the stock market, with Xiaomi and Pop Mart rising even more fiercely than the crypto world! In short, don't hang yourself on a single altcoin; learn more skills to survive in the market!